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Dec 6, 2012
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if you're really going to be serious about deficit reduction, it can't just be about taxes. it has to be about spending cuts, too. >> prince william and wife catherine is out of the hospital after being admitted for acute morning sickness. >> told the hospital stay would last at few days and that's exactly what it turned out to be. >>> software executive john mcafee no longer a fugitive. arre arrested after his neighbor was murdered. >> police didn't know where he was. >> now that marijuana is legal here in washington, the state will going to start cleshgting taxes on it. >> gangnam style. >> there is no one in political life funnier than alan simpson. >> mayor michael bloomberg announced new york will hold a contest to redesign the city's pay phones. now, a brand new -- >> "eye-opener" at 8:00 is brought to you by the aarp. >>> i'm charlie rose with gayle king and norah o'donnell. this morning, prince william's wife catherine is back home in london after three days in the hospital. >> the pregnant duchess of cambridge was being treated for an acute form of morning sickness.
if you're really going to be serious about deficit reduction, it can't just be about taxes. it has to be about spending cuts, too. >> prince william and wife catherine is out of the hospital after being admitted for acute morning sickness. >> told the hospital stay would last at few days and that's exactly what it turned out to be. >>> software executive john mcafee no longer a fugitive. arre arrested after his neighbor was murdered. >> police didn't know where he...
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Dec 6, 2012
12/12
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KPIX
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that's a drop in the bucket compared to our $16 trillion debt, trillion dollar deficit. what a lot of people are saying and arguing when they look at this situation is if you're really going to be serious about deficit reduction it can't just be about taxes. it has to be about spending cuts, too. >> on that point of spending it's always important to remember where do we spend money in the federal budget? you put together to remind us where we spend the most of the money. >> the bulk of our money is going to entitlement programs like social security medicare medicaid medicaid. that's mandatory spending that's been budgeted based off what we spend on our taxes. the bulk of it is going there. 20% is going to defense. discretionary spending is 13% and 7% the interest we are paying on our debt. that's also mandatory and we have to make good on our debt. >> which is why anybody serious about the debt says you have to look at entitlements based on that. where are the areas for compromise? >> so when you look at where they're talking about cutting spending, it's in the discretio
that's a drop in the bucket compared to our $16 trillion debt, trillion dollar deficit. what a lot of people are saying and arguing when they look at this situation is if you're really going to be serious about deficit reduction it can't just be about taxes. it has to be about spending cuts, too. >> on that point of spending it's always important to remember where do we spend money in the federal budget? you put together to remind us where we spend the most of the money. >> the bulk...
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Dec 10, 2012
12/12
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KPIX
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. >> reporter: the republican co-chairman of the deficit reduction commission said higher tax rates are inevitable. >> if anybody out there who's, quote, rich doesn't think their taxes go up, the drinks are on me. i'll cover it. >> reporter: mr. obama and house democrats are open to making wealthier taxpayers pay more in medicare taxes but are reluctant to raise, as republicans want, the eligibility for medicare. >> where does a person turn if they're 65 years of age and the medicare eligibility age is 67? they have two years there where they may not have the best of health. they need to have accessible, affordable medical insurance during that period. >> reporter: the democratic co-chairman of the democrat deficit reduction commission remains optimistic. >> they've started to tango now. any time you've got two guys tangoing, you've got a chance to get it done. >> reporter: within the hour, the president will leave the white house and head for detroit, where he'll continue to press his case for keeping middle class tax rates where they are but raising it for middle income earners. that
. >> reporter: the republican co-chairman of the deficit reduction commission said higher tax rates are inevitable. >> if anybody out there who's, quote, rich doesn't think their taxes go up, the drinks are on me. i'll cover it. >> reporter: mr. obama and house democrats are open to making wealthier taxpayers pay more in medicare taxes but are reluctant to raise, as republicans want, the eligibility for medicare. >> where does a person turn if they're 65 years of age and...
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Dec 7, 2012
12/12
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real deadline is closer. >> there's no prospects for a deal. >> if you're going to be serious about deficit reduction it has to be about spending cuts not just raising taxes. ♪ >> bridge day is not safe. >> what would a nomination mean? >> burst into tears. >> liven things up. >> that's awesome. >> thank you richard lewis. let me introduce you to the new -- >> pleasure to be on your show. ♪ >> we thought she was just a singer and songwriter. >> what would you do to change one direction today? ♪ >> cbs porn "this morning." >> how much does your bra that you wear? >> what have you done that's most fun. >> tough one. >> jewish boy needs a big black guy. >> the world is always better with big black guys. >> possible reasons range from environmental toxins to tight under wear. >> moving on. >> threw are, charlie. >> threw are, my dear. where did that dress come from? >> all that and all that matters. >> just got apple tv. when charlie rose says you just got a piece of technology you know that's bad. >> it's the "a" word. >> all that matters. >> glad your sight returned. >> i'm gas i can se
real deadline is closer. >> there's no prospects for a deal. >> if you're going to be serious about deficit reduction it has to be about spending cuts not just raising taxes. ♪ >> bridge day is not safe. >> what would a nomination mean? >> burst into tears. >> liven things up. >> that's awesome. >> thank you richard lewis. let me introduce you to the new -- >> pleasure to be on your show. ♪ >> we thought she was just a singer and...
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Dec 4, 2012
12/12
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. >> john boehner sent a proposal that offers more than $2 trillion in deficit reductions but no tax increase. >> he will not sign an extension of the bush era tax cuts for the top 2%. >> folks worried about the fiscal cliff, are you like me? are you worried about it and have no idea what it is? >> according to state tv iran's revolutionary guard captured a u.s. drone after it entered the iriranian air space over the persian gulf. >> but u.s. navy official says there are no missing drones. >> prince william and his wife katherine, expecting their first child. >> after the duchess was admitted to hospital. >> that child could grow up to be one of the most powerful unemployed people in the world. >> a search is under way in new york for a man accused of pushing another man to his death in the subway. >>> rg3, he made opportunities. >> 17-16 washington redskins. >> all that -- >> why don't you shut up? >> you are an embarrassment. >> please shut up. just shut up. >> you shut up. >> that got annoying at the end. >>> and all that matters. >> let the speculation begin. will and katherine a
. >> john boehner sent a proposal that offers more than $2 trillion in deficit reductions but no tax increase. >> he will not sign an extension of the bush era tax cuts for the top 2%. >> folks worried about the fiscal cliff, are you like me? are you worried about it and have no idea what it is? >> according to state tv iran's revolutionary guard captured a u.s. drone after it entered the iriranian air space over the persian gulf. >> but u.s. navy official says...